Earnings ·
Beacon Financial reports Q3 EPS of $0.73, raises buyback authorization to $125 million
BBTBeacon Financial Corp
Beacon Financial Corporation reported net income of $61.2 million, or $0.73 per share, for the third quarter ended September 30, 2026, compared to a loss of $(4.2) million in the prior-year period. The company also announced an increase in its stock repurchase authorization by $75 million, bringing the total plan to $125 million. Additionally, the Board approved a regular quarterly dividend of $0.3225 per share, payable on November 20, 2026, to shareholders of record on November 6, 2026. Beacon Financial Corporation is a regional bank holding company serving the Northeast with $21.9 billion in assets.